Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1887-03-10
A BIG RAILWAY DEAL,
WHICH Is THE GREATEST YEf AND OVER,
fOPS ALI OTHERS.
ne Announcement IS Made That the B. and 0. Has
Changed Hands-What is Said About
the Reported Sale in Bal6-
mOre-Denials.

of the Baltimore and Ohio Bailroad 10
Alfred Sully and Austin Corbin has created
a great sensation, and the truth seems hard
to get at.
A dispatch from New York to-day saws:
The Times authoritatively announces
that the control OF the Baltimore and Ohio
Railroad Company has passed into the
hands of Alfred Sully, of New York. By
the requirement of the Baltimore & Ohio
Mr.. Sully and his friends become control
lens of probably the most extensive rail.
way system in the world. 1t includes the
Central Railroad Of New Jersey, the Phil
adelphia and Reading system, the Rich
I mond Terminal aIEl Riolnl0nI and Dan
Vile properties, the East Tennessee,
Virginia and Georgia lines, and now, last
of all, the Baltimore and Ohio. OF all
these properties there is TO he made one
great trapk line, with 10000 miles OF
track The Baltimore and Ohio can now
secure an entrance to New York over the
Jersey Central and Reading.
With the control of the Baltimore and
Ohio Railroad Company goes also the con-
troll OF the Baltimore and Ohio Telegraph
Company.
GARRETT To REMAIN.
The indications are that Robert Garrett
will not sever his connection with the COM
pany and that he may even continue in its
presidency.
| There are some OF the strongest and
most influential mOneyed interests in this
country and Europe with Mr.. Sully in his
new venture or about to become affiliated
! with him.
! Ii is said on the authority of one of Mr..
/ GOuld's intimates that rs yet Mr. Gould
| has not been admitted to any share in the
| deal, and that If there is to be a settle
meut OF the telegraph war the terms OF
that settlement have yet to he arranged.
Jay Gould has for some days been in COM
muuication with a reE representative of Sully
and expects to see him personally to-day.
In DOUBT AT BALTINIORE.
An Associated Press dispatch from Balti.
more, says:
Mr. Robert Garrett, President Of the
Baltimore and Ohio Railroad Company
was seen to-day but had nothing to say in
regard to the reported arrangement for i
transfer of a control OF that road. The
New York TTRses containing q statement
which appears to be authentic, has created
| a sensation here. The city, rs a corpora
ton, is largely interested in the Bal
timOre and Ohio, and there are private
interests which are opposed To The
control of the road going out of Baltimore
hands. The Baltimore and Ohio road ha:
been looked upon rs a Baltimore enter
prise, and while Mr.. Garrett has preserved
a reticence rs to everything that has beeI
|, rumOred, there are many who lear tha
there is truth in the statements published
in the Times. There is 4 conviction here
that ii the road shall pass into other hands
the express and telegraph systems Will e
Il with il. The matter is discussed Ou tn
RI Exchanges anns the street c0tuerS, an,
while some approve, many condemn TN
action.
: In reply to an inquiry addressed to tn
, editor OF the Baltimore american, the fol
lowing response was received:
BALTIMORE, MD, March 9-Such ;
sale is not only improbable, but i'm
possible.
THE BALTIMORE AMERICAN"
b HOW THE STOCK Is HELD.
The following has been received from
Baltimore:
1T is at this time impossible TO tel
whether the Baltimore and Ohio has beer
Sold or not. The best-pOsted tinancia
and railroad men in the city think the sal,
has been accomplished It is difficult to
see Just how Robert Garrett hys been able
10 turn over a majority of the stock
There is but S14, O00, 600 OF the common
stock and the control is held by tn,
Carrots, the Johns Hopkins University
and the city of Baltimore. Either OF these
united to the Garrett block could contro
the company The State of Maryland
owned s., ,UO0, 600 of the stock and sold il
To Mr.. Hopkins aud the company. The
city of Baltimore has abOutS 900, 600, The
Hopkins University about 8, ,OoO, 900 ant
the CARROTS about IS, ,OOO,O OtO.
The Hopkins stock IS tied up IN the
hands of trustees friendly ~ Garrett Al
the Garrett stock is tied up under John w
CARROTS will and no formal action has
been taken rs To the city stoek. IL Is pos
sible. however, for Mr.. Garrett to have
made some deal with the Hopkins trustees
aud his own family by which there Will
he a change. The stock Is now sold in the
market ut l6l hid, 163 asked, 100 being
mar. The local. market is very ieverlSh to
day. and there is intense excitement among
| merchants and financieTS.'